Panacea

Dhaka

BANGLADESH

www.panacealive.com

Panacea is a mobile application which lets customers verify by themselves whether a medicine is genuine or fakeā€”an all-too-common problem in Bangladesh. The startup imprints a unique 8-digit-code, a QR code and a three-color code sequence into every medicine pack in its manufacturing line. During purchase, a customer enters the 8-digit-code or simply scans the QR code. If the information on the product packaging matches the information stored in the app, the medicine is genuine. If there is no match, the app automatically sends a notice of forgery including place, time and type of medicine forged to its servers for taking action against counterfeiters.

Contacts: Md Soumik Aswad at mdsoumikaswad@gmail.com or Souvik Aswad at souvikaswad@gmail.com